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‘Cryptocurrency Will Not Die’: Mainstream Media on Bitcoin in 2019

Published 01/02/2020, 10:55 AM
Updated 01/02/2020, 12:41 PM
© Reuters.  ‘Cryptocurrency Will Not Die’: Mainstream Media on Bitcoin in 2019
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In late 2017, Bitcoin piqued the interest of millions of people hoping to capitalize on the ongoing frenzy and, as a result, drew the attention of various traditional media outlets. The press seemed largely skeptical about the concept of decentralization but proceeded to report on Bitcoin’s erratic price movement.

This year, as the space has become more regulated, cryptocurrencies saw a notably different kind of coverage. The industry’s Wild West days are over, and media outlets — most of whom were quick to bury Bitcoin at least once over that period — are now focusing on how cryptocurrencies are entering the agenda of Big Tech and, for instance, the People’s Bank of China.

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